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My daughter earned a law degree in 2008. Two sets of rates....6.875% and 8.25%.
Deferred the payments for a year and it cost her another $4000 in interest.
Overall, the whole student loan program encourages students to accumulate too much debt
and too high payments. Loans should float with the Fed reserve rate or be...more
Silver eagles on ebay are a 40% premium above spot...... because demand is so low???????
Did the editor read this article? ETF's are selling off because they are paper. Coins are in great demand.
Just remember that the Federal Reserve System was created by a congressional act. The "Federal Reserve" is a Board, Committee and 12 Regional Banks representing whom.... wait for it, yes that
is right ... Other Private / member BANKS!!!
The FR was created to control monetary policy in order to avoid panics.
It is interesting how paper "precious metals" such as ETF's reflect spot price, but
physical precious metals do not. Case in point silver = $23.95 per ounce, silver eagle
one ounce coin is $31.44 on Ebay. More than a 30% premium.
Mom/pop actually buying and taking physical possession. This will probably not chang...more
Love this ...."Google good" ...Apple Bad"... "Amazon Good" ..."Apple Bad"...."Samsung good"
"Apple Bad"...
Ask yourself how much money is Amazon making? - Nada, none , zippo
Who will turn on Google to maximize their own profits? - Samsung, Facebook plus others
Where does googie derive their profits? - Advertisin...more
In the past 20 years investing has basically become betting. Bet Apple sells a ton of cool products and the price goes up. Bet Google has millions of clicks and the price goes up. Problem is when you run out of cool NEW products or cool new advertisers that don't sign up in droves, the price of stocks goes down as the ...more
How about this BOLD NEW CONCEPT....the banks decide who qualifies for a loan, provide the mortgage money, collect the payments, keep the profit and don't sell junk to some pension fund.
Get the government out of the mortgage business... period.
4/19/2013
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